This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.Need a new registration confirmation email? Click here

ASML Holding NV (ASML): Today's Featured Technology Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

ASML (
ASML) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.7%. By the end of trading, ASML rose $1.93 (2.8%) to $71.41 on heavy volume. Throughout the day, 3,057,562 shares of ASML exchanged hands as compared to its average daily volume of 1,772,000 shares. The stock ranged in a price between $71.12-$72.10 after having opened the day at $72.00 as compared to the previous trading day's close of $69.48. Other companies within the Technology sector that increased today were:
Deltathree (
DDDC), up 42.9%,
Primus Telecommunications Group (
PTGI), up 24.6%,
WPCS International (
WPCS), up 15.2% and
Travelzoo (
TZOO), up 12.0%.

EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

ASML Holding NV engages in designing, manufacturing, marketing, and servicing semiconductor processing equipment used in the fabrication of integrated circuits or chips worldwide. ASML has a market cap of $27.6 billion and is part of the electronics industry. Shares are up 5.3% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates ASML as a
buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.